About Devon Energy (NYSE:DVN)

Devon Energy Corporation, an independent energy company, primarily engages in the exploration, development, and production of oil, natural gas, and natural gas liquids in the United States and Canada. It operates approximately 14,600 gross wells. The company also offers gathering, transmission, processing, storage, fractionation, and marketing to upstream oil and natural gas producers; and owns natural gas pipelines, plants and treatment facilities. Devon Energy Corporation was founded in 1971 and is headquartered in Oklahoma City, Oklahoma.

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Devon Energy (NYSE:DVN) Frequently Asked Questions

What is Devon Energy's stock symbol?

Devon Energy trades on the New York Stock Exchange (NYSE) under the ticker symbol "DVN."

How often does Devon Energy pay dividends? What is the dividend yield for Devon Energy?

Devon Energy announced a quarterly dividend on Wednesday, March 7th. Stockholders of record on Friday, June 15th will be paid a dividend of $0.08 per share on Friday, June 29th. This represents a $0.32 annualized dividend and a dividend yield of 1.00%. The ex-dividend date is Thursday, June 14th. This is an increase from Devon Energy's previous quarterly dividend of $0.06. View Devon Energy's Dividend History.

How will Devon Energy's stock buyback program work?

Devon Energy declared that its Board of Directors has approved a share repurchase plan on Thursday, March 8th 2018, which authorizes the company to buyback $1,000,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Stock buyback plans are usually a sign that the company's board believes its stock is undervalued.

How were Devon Energy's earnings last quarter?

Devon Energy (NYSE:DVN) released its quarterly earnings data on Tuesday, February, 20th. The energy company reported $0.38 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.60 by $0.22. The energy company earned $3.98 billion during the quarter, compared to the consensus estimate of $3.58 billion. Devon Energy had a return on equity of 6.92% and a net margin of 10.04%. The company's revenue was up 41.8% on a year-over-year basis. During the same quarter last year, the company earned $0.25 EPS. View Devon Energy's Earnings History.

Has Devon Energy been receiving favorable news coverage?

Media stories about DVN stock have trended positive this week, Accern Sentiment reports. The research group identifies positive and negative press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Devon Energy earned a coverage optimism score of 0.25 on Accern's scale. They also assigned news headlines about the energy company an impact score of 44.40 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.

Which institutional investors are selling Devon Energy stock?

DVN stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., SIR Capital Management L.P., Caisse DE Depot ET Placement DU Quebec, Teacher Retirement System of Texas, Beck Mack & Oliver LLC, Standard Life Aberdeen plc, Schroder Investment Management Group and BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp. Company insiders that have sold Devon Energy company stock in the last year include Lyndon C Taylor, Robert A Mosbacher Jr and Robert H Henry. View Insider Buying and Selling for Devon Energy.

How do I buy shares of Devon Energy?

Shares of DVN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Devon Energy's stock price today?

One share of DVN stock can currently be purchased for approximately $31.88.

How big of a company is Devon Energy?

Devon Energy has a market capitalization of $16.81 billion and generates $13.95 billion in revenue each year. The energy company earns $898 million in net income (profit) each year or $2.65 on an earnings per share basis. Devon Energy employs 4,900 workers across the globe.

How can I contact Devon Energy?

Devon Energy's mailing address is 333 WEST SHERIDAN AVENUE, OKLAHOMA CITY OK, 73102. The energy company can be reached via phone at 405-235-3611 or via email at [email protected]

MarketBeat Community Rating for Devon Energy (DVN)

MarketBeat's community ratings are surveys of what our community members think about Devon Energy and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Devon Energy (NYSE:DVN) Analysts' Consensus Rating

MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.

MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.